Jump to: Pattern Result
Date and Arrival Time: 2021-03-30 09:25
Symbol Name: TORNTPHARM
Pattern and Direction: Inverted Head And Shoulders Break
Pattern Completion Price: 2510.40, Pattern Ideal Completion Price: 2486.00
An Inverted Head And Shoulders Break has arrived at 09:25.
This is a pattern with a formation span of 21 days.
There is a potential Buy opportunity at 2510.40. A safe stop-loss for this Head and Shoulders can be kept at 2446.15 as per the pattern or 1% below the completion depending on the trader’s risk tolerance. PatternSurfer always advocates tight stop-losses to maintain the best risk-reward ratios .
UPDATE: 30th March – Success!
Let’s take a look at how this pattern’s results unfolded: